Targa Resources Corp
NYSE:TRGP

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Targa Resources Corp
NYSE:TRGP
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Price: 176.415 USD -0.21%
Market Cap: 38.5B USD
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Relative Value

The Relative Value of one TRGP stock under the Base Case scenario is 160.127 USD. Compared to the current market price of 176.415 USD, Targa Resources Corp is Overvalued by 9%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

TRGP Relative Value
Base Case
160.127 USD
Overvaluation 9%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.4
P/S
P/S
Price to Sales
2.4
vs History
1
vs Industry
39
Median 3Y
0.9
Median 5Y
0.8
Industry
1.2
Forward
2.1
More Details
31.1
P/E
P/E
Price to Earnings
31.1
vs History
25
vs Industry
7
Median 3Y
23.1
Median 5Y
21.6
Industry
9.4
Forward
28
More Details
11.7
P/OCF
P/OCF
Price to OCF
11.7
vs History
1
vs Industry
10
Median 3Y
6.9
Median 5Y
6
Industry
4.7
More Details
37.3
P/FCFE
P/FCFE
Price to FCFE
37.3
vs History
11
vs Industry
6
Median 3Y
13
Median 5Y
12.4
Industry
9.7
More Details
15
P/B
P/B
Price to Book Value
15
vs History
1
vs Industry
2
Median 3Y
7
Median 5Y
6.2
Industry
1.1
More Details
3.1
EV/S
EV/S
Enterprise Value to Sales
3.1
vs History
1
vs Industry
37
Median 3Y
1.4
Median 5Y
1.4
Industry
1.7
Forward
2.8
More Details
9.2
EV/GP
EV/GP
Enterprise Value to Gross Profit
9.2
vs History
1
vs Industry
24
Median 3Y
6.4
Median 5Y
5.9
Industry
4.3
More Details
12.7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
12.7
vs History
1
vs Industry
14
Median 3Y
9.4
Median 5Y
8.4
Industry
5.8
Forward
12.2
More Details
19.4
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
19.4
vs History
9
vs Industry
11
Median 3Y
15.4
Median 5Y
14.3
Industry
8.3
Forward
18.2
More Details
15.5
EV/OCF
EV/OCF
Enterprise Value to OCF
15.5
vs History
1
vs Industry
11
Median 3Y
10.7
Median 5Y
9.9
Industry
6.3
More Details
158.8
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
158.8
vs History
1
vs Industry
3
Median 3Y
32.8
Median 5Y
17.9
Industry
10.4
More Details
2.5
EV/IC
EV/IC
Enterprise Value to IC
2.5
vs History
1
vs Industry
17
Median 3Y
1.7
Median 5Y
1.5
Industry
0.9
More Details

Multiples Across Competitors

TRGP Competitors Multiples
Targa Resources Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Targa Resources Corp
NYSE:TRGP
37.4B USD 2.4 31.1 12.7 19.4
CA
Enbridge Inc
TSX:ENB
129.4B CAD 2.7 20.5 15.3 23.6
US
Enterprise Products Partners LP
NYSE:EPD
66.9B USD 1.2 11.5 10.3 13.9
US
Williams Companies Inc
NYSE:WMB
65.2B USD 6.2 22.6 15.3 24.5
US
Energy Transfer LP
NYSE:ET
64.1B USD 0.8 14.1 8.9 13.6
US
Kinder Morgan Inc
NYSE:KMI
59.6B USD 3.9 23.5 13.5 20.8
US
ONEOK Inc
NYSE:OKE
57.9B USD 2.9 20.8 15 18.5
US
MPLX LP
NYSE:MPLX
48.1B USD 4.1 11.2 9.9 12.2
CA
TC Energy Corp
TSX:TRP
68.4B CAD 4.1 13.4 13.4 18.9
US
Cheniere Energy Inc
NYSE:LNG
46.5B USD 2.9 12.8 8.3 9.8
US
Cheniere Energy Partners LP
NYSE:CQP
25.2B USD 2.8 11.3 9.3 11.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Targa Resources Corp
NYSE:TRGP
Average EV/EBITDA: 12
12.7
30%
0.4
CA
Enbridge Inc
TSX:ENB
15.3
51%
0.3
US
Enterprise Products Partners LP
NYSE:EPD
10.3
24%
0.4
US
Williams Companies Inc
NYSE:WMB
15.3
28%
0.5
US
Energy Transfer LP
NYSE:ET
8.9
37%
0.2
US
Kinder Morgan Inc
NYSE:KMI
13.5
33%
0.4
US
ONEOK Inc
NYSE:OKE
15
80%
0.2
US
MPLX LP
NYSE:MPLX
9.9
20%
0.5
CA
TC Energy Corp
TSX:TRP
13.4
22%
0.6
US
Cheniere Energy Inc
NYSE:LNG
8.3
-56%
N/A
US
Cheniere Energy Partners LP
NYSE:CQP
9.3
-34%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Targa Resources Corp
NYSE:TRGP
Average EV/EBIT: 16.9
19.4
-8%
N/A
CA
Enbridge Inc
TSX:ENB
23.6
55%
0.4
US
Enterprise Products Partners LP
NYSE:EPD
13.9
27%
0.5
US
Williams Companies Inc
NYSE:WMB
24.5
28%
0.9
US
Energy Transfer LP
NYSE:ET
13.6
42%
0.3
US
Kinder Morgan Inc
NYSE:KMI
20.8
26%
0.8
US
ONEOK Inc
NYSE:OKE
18.5
49%
0.4
US
MPLX LP
NYSE:MPLX
12.2
19%
0.6
CA
TC Energy Corp
TSX:TRP
18.9
25%
0.8
US
Cheniere Energy Inc
NYSE:LNG
9.8
-62%
N/A
US
Cheniere Energy Partners LP
NYSE:CQP
11.1
-40%
N/A

See Also

Summary
TRGP intrinsic value, competitors valuation, and company profile.
DCF Valuation
TRGP stock valuation using Discount Cash Flow valuation method.
Relative Valuation
TRGP stock valuation using valuation multiples.
Wall Street Estimates
TRGP price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
TRGP stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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